3 Room (3A) HDB for Sale in 508A Yishun Avenue 4

The valuation of the HDB 3 Room property in Yishun, with a remaining lease of 91 years, stands at an estimated value of $471,939, translating to a price per square foot (PSF) of $645. This valuation reflects a robust market signal, indicating that the property is currently valued 16.5% above the baseline, which is a noteworthy premium in the context of the local real estate landscape. Such a significant premium suggests that this unit is positioned favorably in terms of demand, likely driven by a combination of factors including location desirability, amenities, and overall market trends in the Yishun area.

The model confidence for this valuation is categorized as high, supported by a comprehensive analysis of 490 recent HDB resale transactions in the vicinity. This extensive dataset provides a solid foundation for our assessment, indicating that the local market remains resilient and competitive. The remaining lease of 91 years further enhances the attractiveness of this property, as it falls within a favorable range for prospective buyers who are often more inclined to invest in properties with longer leases. As market dynamics continue to evolve, this valuation serves as a critical indicator of both current market conditions and future potential for appreciation in the Yishun district.